Texas Department of Insurance News

New Windstorm Rules Drive Texas Engineers Away

Hundreds of engineers have dropped out of a windstorm certification program following legislative changes to become certified by the Texas Department of Insurance. The Corpus Christi Caller-Times reported that more than 900 engineers took part last year. That dropped to …

TDI: Pre-Dispute Binding Arbitration Clauses Unfair to Policyholders

Pre-dispute mandatory binding arbitration provisions in insurance policies may be on their way out in Texas if state insurance regulators proceed with a plan to ban them. The Texas Department of Insurance has informed lawmakers that it is considering a …

Number of Insurers Based in Texas ‘Average’ Compared to Size of Market

The Texas insurance market is ranked the 12th largest in the world in terms of premium volume, but only an “average” number of insurance carriers call the state home, and many of the 400 insurance companies that are based in …

Texas Auto Complaints Hit Record Low

Texas motorists filed the fewest number of complaints against their automobile insurance company since the records began at the Texas Department of Insurance in 1994, according to a TDI report issued Monday. Texas consumers filed 1,414 complaints in 2011, and …

Texas Home Insurance Premiums Up Since 2009

A report from the Texas Department of Insurance says that homeowners insurance premiums in Texas have gone up 21 percent since 2009. The report that state Insurance Commissioner Eleanor Kitzman presented to a Senate committee Tuesday showed that the average …